Mplx (MPLX) Operating Income (2011 - 2026)
Mplx's Operating Income was $1.48 billion in Q3 2026, down 18.0% from $1.8 billion a year earlier but up 7.1% from the prior quarter.
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Analysis
Mplx (MPLX) Operating Income (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mplx's Operating Income was $5.55 billion through Sep 30, 2026, down 4.3% year-over-year; for FY2025, it was $5.94 billion, up 12.4% from FY2024.
- Operating Income shows a five-year compound annual growth rate of 95.0% (FY2020 to FY2025).
- In earlier years, Operating Income was $5.29 billion in FY2024 (+7.9%), $4.9 billion in FY2023 (-0.2%), $4.91 billion in FY2022 (+23.0%) and $3.99 billion in FY2021.
- Quarterly Operating Income has moved between $186 million (Q4 2021) and $1.8 billion (Q3 2025) over five years.
- Compared with a year earlier, Operating Income was higher in four of the last eight quarters, with growth averaging 3.4%.
- The best year-over-year quarter for Operating Income over five years was Q4 2022 (growth of 469.9%); the worst was Q4 2021 (a decline of 57.2%).
- Per Business Quant data, MPLX's Operating Income in the three quarters before Q3 2026 was $1.38 billion (Q2 2026), $1.21 billion (Q1 2026) and $1.48 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 1.53 Bn |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | 1.14 Bn |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 1.99 Bn |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 1.16 Bn |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 2.78 Bn |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | - |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 1.10 Bn |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 1.92 Bn |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 1.48 Bn |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | 1.57 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.48 Bn |
| Jun 30, 2026 | 1.38 Bn |
| Mar 31, 2026 | 1.21 Bn |
| Dec 31, 2025 | 1.48 Bn |
| Sep 30, 2025 | 1.80 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.37 Bn |
| Dec 31, 2024 | 1.34 Bn |
| Sep 30, 2024 | 1.28 Bn |
| Jun 30, 2024 | 1.42 Bn |
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | 1.38 Bn |
| Sep 30, 2023 | 1.15 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Mar 31, 2023 | 1.20 Bn |
| Dec 31, 2022 | 1.06 Bn |
| Sep 30, 2022 | 1.67 Bn |
| Jun 30, 2022 | 1.12 Bn |
| Mar 31, 2022 | 1.06 Bn |
| Dec 31, 2021 | 1.06 Bn |
API Access
Mplx Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=MPLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "MPLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();